The first Italian-Saudi Investment Forum, which took place on Monday in Milan, was attended by about 1,200 companies, including 150 Saudi ones. A memorandum of understanding has been signed with the aim of encouraging cooperation in direct investment, supporting investors at all stages of projects if they have been identified as having strategic economic importance for one of the two countries. During the bilateral meeting, Saudi Minister Al-Falih invited Minister Adolfo Urso to Riyadh to consolidate cooperation between the two countries and foster collaboration between companies. The forum was also attended by the Deputy Minister of Enterprise, Valentino Valentini, the Mayor of Milan, Giuseppe Sala, the Saudi Ambassador to Italy, Prince Faisal Bin Salman, the head of investor relations of the Saudi government, Badr Albadr. Among the Italian companies, there were Eni, Snam, CDP, Enel, Leonardo, WeBuild, Maire, Pirelli, Intesa Sanpaolo, UniCredit, Ita, Ansaldo Energia, Saipem, Invimit.